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January 15, 2007

BROOKLYN BOOMING

MEGAPROJECTS KEEP REAL-ESTATE MARKET SIZZLING

NY Post
By Rich Calder and Patrick Gallahue

A brief overview of Brooklyn's booming real estate market includes this description of Bruce Ratner's Atlantic Yards plan, which should make The NY Times blush*:

Bruce Ratner last month received final state approval to break ground on the largest development project in Brooklyn's history: a $4 billion plan to build an NBA arena and 16 skyscrapers along the Prospect Heights/Fort Greene border.

article

* Yesterday, The Times located Atlantic Yards in "downtown Brooklyn" in a story about the NJ Nets.

Posted by lumi at January 15, 2007 8:45 AM